Core Viewpoint - Sanlian Forging (001282.SZ) plans to issue convertible bonds to raise up to RMB 65 million after adjustments, with proceeds allocated to various projects and working capital [1][2]. Fundraising Details - The total amount to be raised from the issuance of convertible bonds is capped at RMB 79 million, but due to previous fundraising exceeding 30%, the adjusted amount is RMB 65 million [1]. - The net proceeds after deducting issuance costs will be used for several projects, including: - New energy vehicle components: RMB 32 million - Automotive lightweight forgings (Phase I): RMB 17 million - Precision forging components research: RMB 8 million - Automotive precision forging production base (Phase I): RMB 4 million - Working capital: RMB 4 million - The total investment for these projects is approximately RMB 112.75 million [1]. Convertible Bond Characteristics - The convertible bonds will be issued at par value of RMB 100 each, with a maturity of six years from the issuance date [1]. - The interest rate will be determined based on market conditions and company specifics, with annual interest payments [2]. - Holders of the bonds have the option to convert them into shares after a six-month period from issuance [2]. Shareholder Rights and Issuance Process - Existing shareholders will have priority in the subscription of the convertible bonds, with the specific allocation ratio to be determined prior to issuance [3]. - Any unsubscribed portion will be offered to institutional investors and through online pricing on the Shenzhen Stock Exchange [3][4]. Previous Fundraising and Financial Performance - Sanlian Forging previously raised RMB 79.27 million through an IPO, with a net amount of RMB 67.21 million after expenses, exceeding initial plans by RMB 23.74 million [4]. - The company plans to distribute dividends of RMB 3.33 per 10 shares and issue 4 additional shares for every 10 shares held, with key dates set for July 2024 [5].
三联锻造拟发不超6.5亿可转债 2023年上市募资7.93亿